Meta Platforms has announced it will slash a further 10,000 jobs in a second round of mass layoffs as the Big Tech industry braces for a deep economic downturn.The Facebook-parent company said on Tuesday that it will reduce the size of its recruiting team and make further cuts in its tech groups in late April, and then its business groups in late May.Meta has been engaged in a wider restructuring that will also see the United States-based company scrap hiring plans for 5,000 openings, cancel lower-priority projects and flatten layers of middle management.
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